Elbit Systems Awarded a Contract to Supply Soltam's Artillery Systems

The $24 million contract calls for
the supply of self-propelled artillery, command stations,
target acquisition systems and command & control solutions

Press Release

Haifa, Israel, April 6, 2011 - Elbit Systems Ltd. (NASDAQ and TASE: ESLT)
("Elbit Systems") announced today that it was awarded a contract to supply self-propelled
artillery and accompanying systems to an African country. The contract,
valued at approximately $24 million, will be performed over the next two years.
This is the first contract announcement regarding Soltam Systems Ltd.
("Soltam") since its recent acquisition by Elbit Systems.

The contract calls for the supply of a complete solution,
including Soltam's ATMOS self-propelled artillery, command stations,
observation and target acquisition systems, as well as fire control
and command and control systems. In addition, Elbit Systems will manage
the training and maintenance during the project's duration.

Bezalel Machlis, Elbit Systems' Executive Vice President
and General Manager – Land and C4I Division, commented:
"This new contract highlights the high synergetic value
within our various land activities, allowing us to provide
our customers with complete unique solutions, from artillery platforms,
to target acquisition systems, through to advanced command and control
solutions that connect all of the systems".
Machlis added: "Our integrative solution, combining Soltam's
artillery systems and our range of advanced electronic capabilities,
provides a cutting-edge operational solution suitable for the growing
trend of a transition to wheeled mobile platforms for artillery".